DRCRYPTOD

Crypto Trader;Investor;Blockchain #Bitcoin #Ethereum #blockchain #Polkadot #ChainLink #Solano #NFT #NFTGames.Tweets are my opinions and not financial advice.

[DRCRYPTOD @dr_cryptod]

https://t.co/NiTzKV8qrI

[UNXD. @UNXD_NFT]

1/
We’re still amped on last week’s historic UNXD x @DolceGabbana debut NFT drop, which sold for 1,885.719 ETH, making it the most successful digital fashion drop ever. There’s much, much more to come. Here, we recap the special collectors who now join the #DGFamily. 👇

[DRCRYPTOD @dr_cryptod]

@PennyBritish @Hobbitdaddy79 Can I be in one of your suitcase 😂😂😂😂

[Jonny 👾 @Hustlepedia]

Most people judge altcoins based on “old all time highs”

Not every Altcoin will reach old all time highs.

Example: $GALA

ATH = $0.74
Current = $0.018

That’s about a 38x to ATH.

The problem? Market Cap.
If $GALA 37x’s, the valuation would be $37B… which is over half of the valuation of what Activision just sold for to Microsoft ($69B)

Is it possible? Sure. Crypto bull runs have seen absolutely inflated valuations. Axie was worth $25B peak bull 2021. But the change in market caps make some all time highs nearly impossible to achieve.

The strategy? Accumulate undervalued coins based on MARKET CAP, not price versus all time highs. Your success rate will be much higher.

Get “old all time highs” out of your vocabulary. And focus on the valuation and how much the coin can grow from here.

[Brian Armstrong @brian_armstrong]

1/ I'm sharing the 10 ideas I'm most excited about in crypto right now. If you're building something in crypto or thinking about doing so - check it out.

We’re building lots at Coinbase, but we don't have time to tackle everything. So I figured I'd share these. Bear markets are the best time for building - why not start today?

[Watcher.Guru @WatcherGuru]

JUST IN: Grayscale now closer to a Spot #Bitcoin ETF launch after winning its lawsuit against the SEC, Bloomberg reports.

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

🚀 DeFi News & Catalysts for August 31, 2023 🚀

• Aerodrome, the friendly fork of Velodrome on the Base chain, went live. They've amassed 141.4m in TVL in the past 24 hours.

• Starknet had an issue where wallets that didn't perform an essential upgrade in time became inaccessible. Starknet is working on restoring access to these accounts.

• Polygon released their Polygon Chain Development Kit (CDK). Like OP Stack, anyone can launch their own ZK-powered L2 chain on Ethereum.

• Lybra Finance will launch its v2 today (31st August). New features include Omnichain functionality, more collaterals, Lybra wars, etc.

• PancakeSwap v3 expanded to the Linea mainnet. The dApp was already in Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era, and Arbitrum.

• Gains Network officially launched the forum and Snapshot websites. This will increase the community engagement of the project.

• Redacted Cartel is discussing a collaboration with Mantle Network. Mantle will allocate 50,000 ETH to pxETH and get access to Redacted Cartel's services.

• Boba Network, the first multi-chain L2 network, has announced the winding down of its chain on Avalanche.

• Pendle Finance is trying to tap into Real World Assets narrative. They have added support for sDAI from Spark Protocol & fUSDC from Flux Finance.

• Coinbase and Optimism have finalized a strategic agreement. The Base will share 15% of profits or 2.5% of revenue with OP Collective.

• AltLayer, a rollup-as-a-service provider, has integrated OP Stack into their Rollups suite. This will further increase OP Chains.

• Shibarium Bridge is now fully functional. It had several problems at the time of launch. Token withdrawals are now live.

• Aave is discussing the increase of the borrowing rate of GHO from 1.5% to 2.5%. This is to address the peg deviation of the coin.

• Tether uses privately-held Britannia Bank & Trust to process dollar transfers, according to Bloomberg.

• Balancer was exploited for around $900,000. This comes after it had revealed critical vulnerability affecting some of its boosted pools.
​
• Num Finance has launched a Colombian peso-pegged token on the Polygon network. It has already issued stablecoins pegged to the Argentine and Peruvian local currencies.​

• Aave temporarily paused the minting of the new GHO stablecoins. This was to fix an integration issue. And no funds are at risk.
​
• ​Ben Armstrong was removed from the BitBoy Crypto brand by its parent firm. (lol wtf?)

I hope you enjoyed this week's edition!

Comments, retweets, and engagement are appreciated.

[CC2 @CC2Ventures]

It's time to seriously make it – bear market or not.

LayerZero, zkSync, Linea, Base, StarkNet, Aptos.
26 Tokenless Projects.
$2.6B cumulative funding.

ALL IN 1 concise route.
Entirely for free.

One thread to rule them all.

CC2s MASTODON OF ALL AIRDROPS: PART 2

🧵⬇️

[DRCRYPTOD @dr_cryptod]

To #BuildonMantle, I am claiming test $BIT tokens on https://t.co/TsGoOPcHtv for @0xMantle, a next generation high-performance modular @Ethereum L2 built for hyperscaled dApps.

Learn more: [https://t.co/GmzSe8EGFa]

[DRCRYPTOD @dr_cryptod]

Verifying my Twitter account for my #GalxeID gid:kBxfQNi368Gcro79AkKMxP @Galxe

https://t.co/mrGBPGOR4a

[Tevaera - Wishlist DeGen Rivals on Steam. @tevaera]

A new Era of on-chain gaming begins on April 24th.✨

We are proud & excited to launch the first multiplayer game on @zksync Era mainnet.

Introducing, Teva Run! (Fun, Fair)🔊on : )

A fresh approach to web3 gaming Experience, Economics & Infrastructure on #zkSync .

1/🧵

[DRCRYPTOD @dr_cryptod]

Verifying my Twitter account for my #GalxeID gid:2QxJdjbfz5vDqeCoaj9CoQ @Galxe

https://t.co/mrGBPGOR4a

[DRCRYPTOD @dr_cryptod]

I'm claiming testnet tokens for @zksync Era ∎, the future-proof zkEVM!

My Address: 0xc138abcdae5c216b9d6b8cd431ff8026996b84eb

Learn more: https://t.co/urM6cKvqH5

[SyncSwap (((+))) @syncswap]

LFG!

We are proud to announce SyncSwap is now live on the zkSync Era Alpha Mainnet 🥳✨

Trade and earn on SyncSwap mainnet today 👇

https://t.co/Q26J8gN9mK

Get your assets ready and bridge them to zkSync Era with https://t.co/3mdr5pjbWz

#zkSync #mainnet #zkEVM #Ethereum #ZK

[DRCRYPTOD @dr_cryptod]

@kucoincom @SuiPadxyz @Scallop_io @Turbos_finance @PennyBritish
@thedefiedge

[KuCoin @kucoincom]

Join us on our discussion about "What Will DeFi Be Like On SUI?" as the Spotlight Fireside Chat Series continues with @SuiPadxyz, @scallop_io & @Turbos_finance.

🎁$600 Giveaway
1⃣Follow @kucoincom & all the projects
2⃣Like, RT & tag 2 friends
3⃣Join the space

Set a reminder✅

[DRCRYPTOD @dr_cryptod]

@suiswap_app｜#SUI ｜Join Suiswap Crew3 (https://t.co/KF8BRACblU) to earn XP and Suiswap Points in exchange for airdrop!

[Suiswap @suiswap_app]

Suiswap Crew3:
https://t.co/5pCxOo1A8g

· We are pleased to announce the launch of Suiswap Crew3.

· Every XP in Crew3 will be converted into Suiswap tokens when the mainnet goes live.

· Complete the https://t.co/kTbIiFwDlZ onboarding quest with single one click.

#Sui

[DRCRYPTOD @dr_cryptod]

@SNSstork great news

[DRCRYPTOD @dr_cryptod]

@SNSstork @SuiNetwork @Mysten_Labs no airdrop = no community.

[DRCRYPTOD @dr_cryptod]

@SNSstork commercial video will be great for the campaign

[DRCRYPTOD @dr_cryptod]

@SNSstork Great project